Beatrice


Status: Paying Back

$700.00   Loan Amount
16% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Beatrice
Location: Sefwi Wiawso, Ghana
Activity: Food Production/Sales

About the Loan

Loan Amount: $700.00
Loan Use: To buy more raw materials like bags of maize, millet, sugar, milk etc.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 25, 2009
Date Disbursed: Sep 14, 2009
Date Funded:Sep 26, 2009

About the Country

Country:Ghana
Avg Annual Income:$2,643.00
Currency:Ghana Cedis (GHS)
Exchange Rate:1.4480 GHS = 1 USD



Beatrice is 41 years old she is divorced and mother of two children. Currently they are all in school. She sells porridge at her neighborhood. Porridge is one of the local foods enjoyed popularly as breakfast by almost all Ghanaians. Her porridge is prepared from milled maize or millet grains, boiled and taken with sugar, milk and bread or taking with what we called Kose. Kose is prepared from milled beans and it is fried with cooking oil so in just about 20minutes it is ready to be served with the porridge. With large customer base, she wants to use the loan to buy more raw materials like bags of millet, beans, sugar and milk to increase production. She hopes to raise good income to support her kids in school and make business expansion.



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Journal entries for Beatrice


Loan has been disbursed
 
Entrepreneur: Beatrice
Location: Sefwi Wiawso, Ghana

Thank you for your loan. It has been disbursed to Beatrice by Sinapi Aba Trust (SAT) in Ghana. We are excited to watch this business grow. Over the 6 months of this loan, Sinapi Aba Trust (SAT) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Sefwi Wiawso, Ghana
Sep 26, 2009
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Kiva Help Repayment Schedule for Beatrice

  Expected Repayments Actual Repayments Comments
December 2009 $116.67 $116.67 Repayment Received
January 2010 $116.67 Available Jan 1  
February 2010 $116.67 Available Feb 1  
March 2010 $116.67 Available Mar 1  
April 2010 $116.67 Available Apr 1  
May 2010 $116.65 Available May 1